Corporate News
20.10.2017

IMMOFINANZ AG: Adjustment of the Conversion Rights due to Dividend Distribution of BUWOG AG

Pursuant to the cash dividend for the financial year 2016/17 of EUR 0.69 per share resolved upon in the ordinary shareholders’ meeting of BUWOG AG on 17 October 2017 the conversion rights of the 1.25% Convertible Bonds due 2017 (ISIN XS0332046043) („CB 2017“) and 4.25% Convertible Bonds due 2018 (ISIN XS0592528870) („CB 2018“) of IMMOFINANZ AG are adjusted with effect from 19 October 2017.

The conversion rights of CB 2017 and CB 2018 pro rata in shares of BUWOG AG were granted in the course of the spin-off of BUWOG AG on 26 April 2014 with the effect, that the bondholders are entitled upon exercise of their conversion right to receive Settlement Shares of IMMOFINANZ AG and a proportional number of shares in BUWOG AG.

Adjustments:

ISIN XS0332046043 – 1.25% Convertible Bonds due 2017

Number of Settlement Shares (IMMOFINANZ-shares) (no amendment):
Conversion rights per convertible bond (nominal value EUR 100,000): 13,308.36

Previous number of Settlement Shares (BUWOG-shares):
Conversion rights per convertible bond (nominal value EUR 100,000): 722.21

New number of Settlement Shares (BUWOG-shares) after adjustment:
Conversion rights per convertible bond (nominal value EUR 100,000): 745.65
(due to dividend distribution of BUWOG AG)

ISIN XS0592528870 – 4.25% Convertible Bonds due 2018

Number of Settlement Shares (IMMOFINANZ-shares) (no adjustment):
Conversion rights per convertible bond (nominal amount EUR 4.12): 1.2410

Previous number of Settlement Shares (BUWOG-shares):
Conversion rights per convertible bond (nominal amount EUR 4.12): 0.0653

New number of Settlement Shares (BUWOG-shares) after adjustment:
Conversion rights per convertible bond (nominal amount EUR 4.12): 0.0671
(due to dividend distribution of BUWOG AG)

DISCLAIMER

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER OR A SOLICITATION OF ANY OFFER TO BUY OR SUBSCRIBE FOR, ANY SECURITIES. IN CERTAIN JURISDICTIONS THE DISTRIBUTION OF THIS ANNOUNCEMENT MAY BE RESTRICTED BY APPLICABLE LAW. PERSONS WHO RECEIVE THIS ANNOUNCEMENT SHALL INFORM THEMSELVES ON SUCH RESTRICTIONS AND COMPLY WITH THEM.

For additional information please contact:

Bettina Schragl
Head of Corporate Communications and Investor Relations
IMMOFINANZ
T +43 (0)1 88 090 2290
M +43 (0)699 1685 7290
communications@immofinanz.com
investor@immofinanz.com